Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Meditech Surgical Case Study in the Simchi-Levi et al. text, and respond to each of the end-of-case discussion questions. Each question must be answered thoroughly and responses must be supported by the concepts introduced in the Learn materials. Provide a brief description of the concepts and the significance of the concepts to practice in general, as well as what problems might be resolved through successful implementation of the concepts.
- Can you come up with a measure of risk associated with your ordering policy? This measure should be quantifiable.
- Repeat your methodology and assume now that all 10 styles are made in China. What is the difference (if any) between the two initial production commitments?
- What operational changes would you recommend to Wally to improve performance?
- How should Wally think (both short term and long-term) about sourcing in Hong Kong versus China? What kind of sourcing policy do you recommend?
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